Home / Employment Vulnerability Index 3.0 / Profile for Fortitude Valley, QLD
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The suburb of Fortitude Valley is a Low risk job loss community based on the CofFEE EVI modelling. |
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Fortitude Valley is located in the Brisbane area, in QLD. Its CofFEE EVI score of suggests that it's residents are well placed to avoid employment loss if the national economy contracts It has a younger population relative to the QLD average. In terms of post secondary qualifications, Fortitude Valley has education levels which are above the QLD average. This reduces the likelihood that the suburb will experience job losses in a national contraction. Individuals in Fortitude Valley earn more than the median individual income for QLD, while median family income in Fortitude Valley is greater than the median family income for QLD. Mortgage holders in Fortitude Valley are making monthly payments which are above the median QLD mortgage repayment. Fortitude Valley's workforce is less likely to be part-time employed relative to the QLD average, and its labour market performance summarised by its overall unemployment rate relative to QLD is good. Fortitude Valley's workforce is less likely to be underemployed relative to the QLD average, and its labour market performance summarised by its overall unemployment rate relative to QLD is good The following table has more indicators which allow you to appraise Fortitude Valley relative to QLD and the nation as a whole. |
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| Indicator - August 2016 | Fortitude Valley | QLD | Australia |
|---|---|---|---|
| Median Age | 31 | 37 | 38 |
| % without post secondary school qualifications | 25.80% | 40.98% | 39.50% |
| Median individual income ($ per week) | $920 | $660 | $662 |
| Median family income ($ per week) | $2141 | $1661.00 | $1734.00 |
| Median household income ($ per week) | $1592 | $1402.00 | $1438.00 |
| Median mortgage repayment ($ per month) | $2000 | $1733 | $1755 |
| Median rent ($ per week) | $400 | $330 | $335 |
| Average household size | 1.80 | 2.60 | 2.60 |
| Part-time employment as a % total | 26.24% | 32.38% | 32.68% |
| Male unemployment rate | 6.75% | 7.82% | 7.00% |
| Female unemployment rate | 6.65% | 7.35% | 6.72% |
| Unemployment rate | 6.78% | 7.60% | 6.86% |
| Male labour force participation rate | 85.69% | 70.23% | 69.56% |
| Female labour force participation rate | 79.86% | 61.44% | 59.80% |
| Total labour force participation rate | 82.99% | 65.72% | 64.56% |
| Employment-Population ratio | 66.52% | 61.00% | 60.26% |
| % Employed in Mining | 1.98% | 2.34% | 1.66% |
| % Employed in Manufacturing | 2.84% | 6.03% | 6.40% |
| % Employed in Construction | 4.08% | 8.96% | 8.53% |
| % Employed in Retail Trade | 7.83% | 9.91% | 9.86% |
| % Employed in Accommodation, Cafes and Restaurants | 15.10% | 7.33% | 6.91% |
| % Employed in Finance and Insurance | 5.49% | 2.54% | 3.60% |
| % Employed in Property and Business Services | 2.65% | 1.99% | 1.70% |
Centre of Full Employment and Equity
University of Newcastle
University Drive
Callaghan NSW 2308
Australia
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Contact
Telephone: +61-(0)2 4921 7283
E-mail: coffee@newcastle.edu.au
